Samsung launches Blockchain-equipped Knox Matrix security system for smart gadgets

Samsung launches Blockchain-equipped Knox Matrix security system for smart gadgets

Consumer electronics company Samsung launched a security system, called The Knox Matrix system, for its smart gadgets.

The system seeks to strengthen the security of a multi-device environment with each smart device monitoring others and sharing access information to make login processes easier.

The Korean consumer electronics and software maker has revealed plans to use a “private blockchain” system to increase the security of its smart gadgets.

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The solution is a revision of Samsung’s current security strategy at the recent Samsung Developer Conference.

While the company provided little information and did not elaborate on the system’s inner workings, it explained that it would connect multiple smart devices available on a network to improve security through “multi-layer mutual monitoring.”

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For example, Samsung states that using a phone together with a smart device, such as a TV or an air conditioner, will protect such items from being hacked by any attack.

Network and hardware

Since the login status is automatically transmitted to devices that need it to join the network, Samsung claims that its Knox Matrix solution will help speed up login tasks around the house.

It will shield private data from other network devices at the same time.

The announcement also says that Samsung Knox Matrix will be able to deliver a single security SDK [software development kit] regardless of whether the Samsung devices are based on Android, Tizen or other operating systems.

Samsung, which did not reveal the system’s debut date or its features, has been active when it comes to integrating hardware security designed specifically for ecosystems based on cryptocurrencies and blockchains.

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The Samsung Galaxy S10, the company’s flagship smartphone, came with a wallet that featured hardware-based security for private keys in 2019.

The Knox security system served as a model for the system Samsung recently unveiled.

Samsung has also been active in the non-fungible token (NFT) space, partnering with six different companies to create its own Galaxy-branded NFT ecosystem in August.

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